Needs to discard same type of card to negate an effect, making this somewhat situational.
Van'Dalgyon the Dark Dragon Lord
When you negate an effect with Ultimate Providence, you can Van'Dalgyon the Dark Dragon Lord special summoned special summoned from your hand and depending on what you negate he activates a different effect. And since Ultimate Providence can negate any card effect, you can choose what to negate and have Van'Dalgyon the Dark Dragon Lord gain a specific effect.
Having Bountiful Artemis Face-up when you use counter traps allows you to draw a card. This will help you recover from the cost of using Ultimate Providence.
A Cat of Ill Omens
You can use A Cat of Ill Omen to search this card and put it at the top of your deck.
Discards for cost
Negates the effects of Effect Monsters / Negates the effects of Spell Cards / Negates the effects of Trap Cards / Destroys Monster Cards / Destroys Spell Cards / Destroys Trap Cards
You need to have the cards in your hand not in deck to trigger the prompt
This card is OP! It is situational, yes but you simply have to adjust your dueling strategy and it becomes an always ready card. (Play very slow and hold one of each card type in your hand. If you have two monster cards only summon one, if you only have one magic card try to hold it until you get another) [Obviously, if you can finish the duel, don't hold cards. Just finish it!]
It is working great with this Rex Dino Deck:
x2 Element saurus
x2 Crawling dragon #2
x2 Two-headed king rex
x2 Order of charge
Spiritual Earth Art- Kurogane
Windstorm of Etaqua